Ex L-3 prez fired from DI

Gordon Walsh, the former division president for L-3 Vertex Aerospace in Madison, Miss., who left that job three weeks ago to become CEO of the competing firm DynCorp International (DI), has been fired. The move comes eight days after L-3 announced in a filing with the Securities and Exchange Commission that sales revenue related to a single contract had been inflated. DynCorp’s board of directors, a Virginia-based military contractor, terminated Walsh on Aug. 8. Interim DynCorp CEO Jim Geisler, quoted in a media release, that Walsh’s departure was “not related in any way to (DI’s) operational or financial performance." Before leaving for DynCorp., Walsh was president of the logistics solutions business of L-3's aerospace segment, which included the company's Madison office. (Source: Jackson Clarion Ledger 08/08/14)